President Barack Obama addresses a campaign rally at the University of Iowa Sept. 7, 2012 in Iowa City, Iowa. (Getty Images)

President Barack Obama told an enthusiastic crowd on Friday they would “love me even more” once he told them about his plan to ask wealthy households to pay more in taxes.

Speaking at the University of Iowa, an audience member shouted out, “We love you Obama!” He replied with his somewhat standard “I love you back,” then added: “But let me tell you the fourth thing — you’ll love me even more.”

“Fourth,” he continued, “my plan would reduce our deficit without sticking it to the middle class. Independent analysis has shown that my plan would cut deficits by $4 trillion. And I’ve already worked with the Republicans in Congress to cut a trillion dollars’ worth of spending, because those of us who care about what government can do to help people give them a ladder up. … I want to make sure that we also reform our tax code so that it’s simple and fair, and so that we ask the wealthiest households in America to pay higher incomes on — or higher taxes on incomes over $250,000.”

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